United Kingdom Private Landlord Insurance Analysis Report 2024: Market will Record a Slowdown in Growth - Competitive Landscape and Forecasts to 2028 [Yahoo! Finance]
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Source: Yahoo! Finance
We estimate that the gross written premium (GWP) for the residential landlord insurance market in the UK will be GBP911.7 million in 2023. This report estimates the size of the UK's residential landlord insurance market and explores how it has changed in recent years at a time when the buy-to-let sector has been hit by a swathe of regulatory changes. The report discusses drivers of the buy-to-let and private residential markets, which can directly impact the private landlord insurance market. The report presents market size forecast data to 2028. This has mainly been driven by the effects of higher inflation and supply chain disruptions driving up the cost of rebuilding property. The landlord sector has been impacted by changes in regulations and tax laws since 2016, which has led to investing in property being less appealing financially than in the past. There has been a growing trend in the formation of limited companies to hold investment properties in an effort to reduce ta
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